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Telangana crisis: Companies put plans on hold in Andhra
The Telangana agitation over the Centre’s decision to create a new state in the region has forced several companies, including Bharat Forge, the Lakshmi Mittal Group and the NTPC-BHEL joint venture, to either put their expansion plans on hold or explore other states.

Govt to sell 8.38% in NMDC in 2009-10
The government will sell 8.38 per cent of its stake in the mining major NMDC before March 31, 2010, generating Rs 14,100 crore from the process.

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Gammon slumps over 6%
The shares of the engineering and construction major Gammon India, which plunged 16.11 per cent in the morning trade, closed with an over 6 per cent decline on the Bombay Stock Exchange, as investors dumped its shares after one of the bridges it was constructing in Kota, Rajasthan collapsed last Thursday.
Public Relations

Letters: Double standards

With the BJP now negotiating with Shibu Soren to form a government in Jharkhand, with Soren as the chief minister, one wonders what happens to all the statements the party made in Parliament and outside it about Soren. - Power firms Keen to set up plants in uttar pradesh - AV Rajwade: The imminent food crisis">AV Rajwade: The imminent food crisis - Buddha meets PM - Expect moderate returns in - Fresh bids for Rs 130-cr Ganga cruise project in mid-Jan 2010 - Sunil Jain: Continuing to dial disasters">Sunil Jain: Continuing to dial disasters The party’s constant refrain was that Soren was tainted, and so he should not be part of the UPA. Obviously that stand was for public consumption and now that the party is sensing it is close to some sort of victory, it is adopting a very different stance. It is unfortunate that the decision to form a government in Jharkhand, no matter what, was taken by the new BJP chief Nitin Gadkari in consultation with his predecessor Rajnath Singh. Sameer Gulati, New Delhi Readers should write to: The Editor, Business Standard, Nehru House, 4, Bahadur Shah Zafar Marg, New Delhi 110 002, Fax: (011) 23720201; letters@bsmail.in


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